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Ivalua NOW EMEA 2024: Procurement [RE]Imagined

Spend Matters

Titled ‘Procurement [RE]Imagined,’ this two-day event explored how new technologies enable procurement to do previously impossible things. Procurement can ‘reinvent’ itself to meet growing complexities and need for performance. The post Ivalua NOW EMEA 2024: Procurement [RE]Imagined appeared first on Spend Matters.

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Supplier Quality Management: Drive Value By Safeguarding Value!

Supply Chain Game Changer

If we can draw a comparison between Thanksgiving dinners and procurement, they are essentially an every day example of why supplier quality management is important. A quality fit can help a procurement team create top-line growth and customer satisfaction. What is SQM? .

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Understanding Spend Management Perspectives: CFO, CEO, Procurement Director & Procurement Manager

NLPA (Next Level Purchasing Association)

On the other hand, the CEO is focused on the overall strategic direction of the company, and spend management is just one component of the broader strategic plan. The Procurement Director and Manager are responsible for executing spend management strategies and ensuring that procurement activities are aligned with organizational objectives.

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The Beautiful Complexity of Procurement Planning

The Good Spending

Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. In some companies (and I'm quoting my own experience), procurement planning barely exists.

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How to build a successful procurement strategy

IBM Supply Chain Blog

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

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Procurence: Vendor Analysis, 2022 Update (Part 1) — SxM and main new modules overview, market analysis and tech selection tips

Spend Matters

Poland-based Procurence is one such provider. It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). The content of this 2-part series comes from briefs and demonstrations provided to Spend Matters by Procurence.

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Digital Procurement Tools: How much do they cost?

Procurement Software

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. There’s plenty of digital procurement solutions out there for every budget. Let’s dive in.